Friday, October 22, 2010

Technical Analysis: MPHB (3859)

MPHB retrace down from RM2.24 & found the support at RM2.15.

If this round rebound able to reach,

1st resistant RM2.24 ==> +2.8% profit (Based on RM2.18 closing price)

2nd resistant RM2.28 ==>+4.6% profit (Based on RM2.18 closing price)

However, if retrace down future, next support level should be around Rm2.09 level.


Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

1 comment:

  1. Thanks for the TA on MPHB...waitin' for their concrete plans to list Magnum! : - )